Food/Hospitality Business for Sale in NSW Photo 1
Bakery for sale in Eastern Suburbs, NSW
For Sale $750,000

Bakery for sale in NSW

Food/Hospitality
NSW
For Sale $750,000

Business Details

Cafe - Bakery - Franchise - Under Management - Sydney CBD



Cafe - Bakery - Franchise - Under Management - Sydney CBD - Agent SBX Code Number: M1858

Cafe - bakery selling 50 kgs of coffee, 10 kgs of hot chocolate, a variety of French style pastries, croissants, Danishes, crepes, baguettes, sandwiches and desserts. - State of the art equipment. - 60 seats inside and outside. - First time on market in 10 years.

Potential
Very solid business with great potential to grow. - Two working owners could nett $8700 per week.

Features
Long established. - Premium location. - 24 hours trading licence. - Fully under management. - Stable income. - A great investment opportunity. - One of the best locations in Sydney CBD.

Premises
Excellent fitout and well presented shop with an area of approx 110 m2.

Location
Best location on very busy foot traffic street in Sydney CBD centre.

Trading Hours
7 days - 24 hours

Lease
8 months left + 2 years option. - C.P.I. increases. - 2.5 months bond. - New lease can be negotiated with landlord.

Employees
Under management - 16 alternating staff.

Comments
The rent includes outgoings. Misc 1- Rubbish and outside seats. - Misc. 2- 7% franchise fee. - The net profit shown is based on 2 full time owners working in the business. - The business currently is run under management with total wages of $8000 a week. - Inspection must through SBX business broker. -All business details can be reviewed by an appointment only.

Figures
Weekly Sales $35000
Rent (ex GST) $6820
Wages $6000
Profit $8710

Agent SBX Code Number: M1858 - SBX Business Brokers

  • Last Updated April 2016
  • Business Category Food/Hospitality
  • Business Sub Category Bakery
  • Business Lease $26,000.00
  • Attached Dwelling YES
  • Copy Of Title 1
  • Expenses $10000
  • Earnings Before Interest Tax $1100000
  • Business Selling Price $300000
  • Business Property Price $300000
  • Property Selling Price 300000
  • Trading Hours 9am-5pm mon-fri.
  • Franchise Agreement Fees NO
SBX Business Brokers
Suite 1, Level 2, 2 - 4 Pacific Highway,
St Leonards, NSW 2065
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